Managing Member and Founder
Alan Kanders is Managing Member and Founder of Three Wall Capital. From 2008 to 2012, he successfully completed eight hospitality equity and debt investments totaling over $500 million in invested capital. From 1997 to 2008, Mr. Kanders was Managing Director in the Global Real Estate Group at Lehman Brothers, where he originated approximately $8 billion of hospitality equity and debt transactions in a principal capacity.
Mr. Kanders has worked with leading hospitality sponsors, operators and franchisors including Marriott International, InterContinental Hotels & Resorts, Starwood Hotels & Resorts, Hyatt Hotels & Resorts, Gencom Group, Hampshire Hotels & Resorts and Highgate Holdings in various transaction types including acquisition, new construction, recapitalization, redevelopment, and brand development. In 2007, Mr. Kanders led the restructuring and sale of Le Méridien Hotels and Resorts, one of the largest-ever hotel restructurings to date.
Prior to joining Lehman Brothers in 1997, Mr. Kanders was Vice President of Development for Wingate Inns, a limited-service hotel chain, where he developed over 100 hotels. Before joining Wingate Inns in 1992, Mr. Kanders developed a gaming facility in Barbados and was a member of the team that sought to develop Hard Rock Cafes in the former Soviet Union. Prior to that, he was Vice President of Development for North America and the Caribbean for Rank Plc, a leading European gaming company.
Mr. Kanders graduated with a B.S. in Hotel Administration from Cornell University’s School of Hotel Administration.
Managing Director and Principal
Timothy Dick is a Managing Director and Principal at Three Wall Capital. Mr. Dick is responsible for asset management, underwriting and acquisition for hospitality investments.
Prior to joining Three Wall Capital, Mr. Dick served as Senior Vice President and Head of the Hotel Asset Management Team at TriMont, where he oversaw a portfolio of 170 hotels located throughout the U.S., Canada and Caribbean. The portfolio, approximately $3.5 billion in market value, included brands such as Marriott International, Ritz Carlton, Capella Hotels & Resorts, Starwood Hotels & Resorts, Carlson, InterContinental Hotels & Resorts, Hilton, Wyndham Hotels & Resorts, Hard Rock, and well-recognized independent/boutique properties.
Before joining TriMont in 2003, Mr. Dick was Director of Asset Management at Hardin Capital, LLC, a private hotel development and investment company, where he managed a $200 million portfolio of 12 hotels located in primary U.S. markets. Prior to Hardin Capital, Mr. Dick spent seven years at PricewaterhouseCoopers LLP, where he managed the Atlanta office of its Global Hospitality and Leisure Consulting Group. There he provided a broad range of consulting and valuation services to major financial institutions, public pension plans and hotel franchisors. Mr. Dick has also held consulting positions at Landauer Associates, PKF and Laventhol & Horwath.
Mr. Dick graduated with a B.A. in Political Science from West Virginia University and a Master of Professional Studies from Cornell University’s School of Hotel Administration. He is a member of the Appraisal Institute, the Counselors of Real Estate, the International Society of Hospitality Consultants, the Hotel Asset Managers Association (Board Member), Cornell University Council and the Atlanta Hospitality Alliance.